GKID: e-retailers operating from abroad pose a great challenge to Hungarian online stores

In his presentation, Norbert Madar explained: according to preliminary data, domestic online retail will reach an annual turnover of around HUF 1,500 billion in 2023, 8.5 percent more than the previous year.

He pointed out that after the end of the coronavirus epidemic, for the first time in its history, online trade traffic grew more slowly than traditional store trade, because customers returned to stores.